The Indian stock market has closed in the red zone today i.e. on Monday. The market opened with gains in the morning but huge fluctuations were seen throughout the day. And finally the market closed with a decline. There was a decline in the stock market due to increased profit booking in the afternoon. The midcap index also came down. Heavy selling was seen in shares of pharma sector and healthcare sector on the first day of market trading.
At the end of trading, BSE Sensex fell 354 points to close at 71,731 points and National Stock Exchange’s Nifty fell 82 points to close at 21,771 points. In the market today, shares of Banking, IT, Consumer Durables, Financial Sector, Infra, FMCZ sector closed with decline. There was selling in small cap shares. Due to which Nifty Small Cap Index closed with gains.
Record market capitalization of BSE listed companies at Rs. Rs 382.67 lakh crore was closed. LIC shares crossed Rs for the first time today. 1000 crossed. The market cap of the company is also Rs. 6 lakh crores crossed. During trading it reached the highest level of Rs 1028. After this there was a slight decline and it came to Rs 100. 50.30 (5.32%) closed at 995.75.